SnagFilms Raises $ 10 Million in Venture Capital

From NEA and from Comcast Interactive Capital.

I am proud. I am happy to help the company now expand into indie films and to grow outside of the United States as well.

Here is a story from All Things D on the fundraising and our expansion plans. Thank you for caring about this company and our films and services.

Watch us grow. Click here to learn more.

Boingo IPO

Good news for our industry. The IPO market is heating up again.

Good news for NEA located in Silver Spring, Maryland and led by Peter Barris. They are investors in both Boingo and Groupon. They also led the investment in Advertising.com, which we acquired at AOL, and they are also the founding VC investor in MediaBank, another company I serve on the board. And NEA is also an investor in Clearspring Technologies, a company of which I am chairman of the board. NEA is hot! I so enjoy working with Peter Barris, Harry Weller and the team at NEA.

In fact, I think NEA was one of the first investors in Boingo and I know NEA was the founding venture capitalist in Groupon. I was there.

Big News for Clearspring

Read all about this wonderful development for Clearspring here. We have raised a significant new round of financing led by New Enterprise Associates. Clearspring has also passed the 125 million monthly unique milestone. I am honored to be an investor and serve as Chairman of this local company. The sky is the limit for Clearspring and its leadership team and clients.